Trump Praises Nvidia CEO Jensen Huang At Saudi Summit: 'Tim Cook Isn't Here, But You Are' Controlling 99% Of The Chip Market: 'That's Not Easy To Beat'

Why is Microsoft laying off 6,000 employees? What impact will Tesla's China deal have? How is the US-China tariff truce affecting markets? Why is Burberry cutting 1,700 jobs globally? What caused UnitedHealth CEO's sudden resignation? How did Nvidia secure AI chip deal with Saudi Arabia? Why did Foxconn lower 2025 forecasts despite profit surge? What are the effects of Trump's $400M Qatari jet gift? How is inflation affected by recent tariffs?

Trump Praises Nvidia CEO Jensen Huang At Saudi Summit: 'Tim Cook Isn't Here, But You Are' Controlling 99% Of The Chip Market: 'That's Not Easy To Beat'

benzinga.com/markets/equities/25/05/45398595/trump-praises-nvidia-ceo-jensen-huang-at-saudi-summit-tim-cook-isnt-here-but-you-are-controlling

President Donald Trump singled out Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang for praise during a U.S.-Saudi Investment Forum on Tuesday, highlighting the chipmaker’s planned $500 billion investment in U.S. artificial intelligence infrastructure.
What Happened: “I see my friend is here,…

This story appeared on benzinga.com, 2025-05-14 06:22:25.